$BTC has fallen below the key 61K level, extending its recent correction and putting traders on alert as market sentiment continues to weaken.

The latest price action shows sellers maintaining control after multiple attempts to stabilize above support. Rising trading activity during the decline suggests market participants are actively repositioning rather than waiting on the sidelines.

Price is currently trading at $61,789 with a market capitalization of $1.21T and more than $51B in daily volume.

Zones to watch

Immediate resistance sits between 61K–62K.

A successful reclaim of this region could improve short-term sentiment and bring buyers back into the market.

Key support remains near the psychological 60K level.

Momentum

Volume has increased 23.7% during the sell-off, indicating elevated market participation.

The current structure remains weak until Bitcoin can reclaim lost support levels.

Scenarios

Bullish case (Main Alert): Reclaim 61K and establish support above resistance.

Target 1: 63K

Target 2: 65K–67K

Bearish case: A break below 60K could accelerate downside momentum and trigger another wave of selling.

Overall

$BTC remains the market leader, but losing the 61K level has weakened short-term structure. The next major move will likely depend on whether buyers can defend current support.

Bias: BEARISH

While traders wait for confirmation, activity continues across the $TON ecosystem, where platforms like @STONfi DEX allow users to keep capital active through liquidity and farming opportunities during periods of consolidation.

#Bitcoin #Crypto #MarketUpdate